Purple Innovation Reports Q3 2026 Revenue of $96.5 Million
Revenue fell 18.7% from $118.8 million a year earlier. The company maintained full-year 2026 revenue guidance of $420 million to $440 million and adjusted EBITDA guidance of $15 million to $20 million.
Purple Innovation, Inc. reported third quarter 2026 net revenue of $96.5 million, representing an 18.7% decline compared to the $118.8 million reported in the same period of 2025. The company maintained its full-year 2026 revenue guidance in the range of $420 million to $440 million and expects adjusted EBITDA to be between $15 million and $20 million. CEO Rob DeMartini noted mixed performance in a challenging mattress environment, though highlighted improving momentum in the e-commerce business.
The company ended the quarter with $28.3 million in cash and cash equivalents, up from $24.3 million at the end of 2025, and reported positive operating cash flow for the third consecutive quarter.